Grupo ModeloB de CV (XMAD:XGMD) Inventory Turnover : 0.27 (As of Jun. 2015)

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What is Grupo ModeloB de CV Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Grupo ModeloB de CV's Cost of Goods Sold for the three months ended in Jun. 2015 was €122.4 Mil. Grupo ModeloB de CV's Average Total Inventories for the quarter that ended in Jun. 2015 was €459.9 Mil. Grupo ModeloB de CV's Inventory Turnover for the quarter that ended in Jun. 2015 was 0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grupo ModeloB de CV's Days Inventory for the three months ended in Jun. 2015 was 342.81.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Grupo ModeloB de CV's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 1.87.

Grupo ModeloB de CV Inventory Turnover Historical Data

The historical data trend for Grupo ModeloB de CV's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Grupo ModeloB de CV Inventory Turnover Chart

Grupo ModeloB de CV Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

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3.66

4.37

5.15

5.52

3.29

Grupo ModeloB de CV Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Inventory Turnover	Get a 7-Day Free Trial															2.21	2.26	-2.73	0.24	0.27

Grupo ModeloB de CV Inventory Turnover Calculation

Grupo ModeloB de CV's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	1216.724	/ (	(346.236	+	392.301)	/	2 )
=	1216.724	/	369.2685
=	3.29

Grupo ModeloB de CV's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

	Inventory Turnover (Q: Jun. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2015 )	/ (	(Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )
=	122.424	/ (	(459.902	+	459.943)	/	2 )
=	122.424	/	459.9225
=	0.27

Grupo ModeloB de CV (XMAD:XGMD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Grupo ModeloB de CV's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2015 )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
	=	459.9225	/	122.424	*	365 / 4
	=	342.81

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Grupo ModeloB de CV's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2015 )	/	Revenue (Q: Jun. 2015 )
	=	459.9225	/	246.339
	=	1.87

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Grupo ModeloB de CV Inventory Turnover Related Terms

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Grupo ModeloB de CV (XMAD:XGMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Grupo Modelo SAB de CV (XMAD:XGMD) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Javier Barris Sierra No. 555, Col. Zedec Santa Fe, Mexico DF, MEX, 01210

Website

https://www.gmodelo.mx

Grupo Modelo SAB de CV is engaged in production, distribution, and marketing of beer. The company brews and distributes brands, including Corona Extra, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports eight brands and has a presence in more than 180 countries. The global portfolio includes Budweiser, Bud Light, Bud Light Platinum, Bud Light Ritas, Stella Artois, Michelob Ultra and O'Doul's non-alcoholic beer, produced by Anheuser-Busch InBev. Through a strategic alliance with Nestlé Waters, it distributes the brands of bottled water Sta. María and Nestlé Pureza Vital in Mexico.

Grupo ModeloB de CV (XMAD:XGMD) Headlines

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